Commit To Buy Kodiak Sciences At $55, Earn 25.2% Annualized Using Options
December 10, 2019 at 15:19 PM EST
Investors eyeing a purchase of Kodiak Sciences Inc (KOD) stock, but tentative about paying the going market price of $63.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2020 put at the $55 strike, which has a bid at the time of this writing of $7.30..